On Media

Report: Murdoch to launch ESPN competitor

The News Corp. head is now "taking steps" to launch a U.S.-based sports network that would aim to compete with ESPN, according to a report from Bloomberg's Andy Fixmer and Alex Sherman:

News Corp. is assembling the required rights from pay-TV carriers and sports organizations, said the people, who requested anonymity because talks are private. While a final decision hasn’t been made to move forward, the company is considering converting its Fuel action-sports network to the new channel, two of the people [familiar with the situation] said.